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Commerce Commission - Latest News [Page 5]
New Zealand Banking Association Seeks Authorisation To Collectively Negotiate Over Cash-In-Transit Services
Monday, 15 September 2025, 9:07 am | Commerce Commission
CIT services include the transport, management and processing of bulk cash for banks, the public sector, financial institutions and retail customers, as well as the replenishment of ATMs and bulk cash storage and management. More >>
ComCom Takes CityFitness To Court For Fees That Didn’t Work Out
Tuesday, 9 September 2025, 10:04 am | Commerce Commission
Competition, Fair Trading, and Credit General Manager Vanessa Horne says businesses should not exclude compulsory fees from their advertised prices, as it goes against consumers’ right to accurate pricing. More >>
ComCom Action Results In $2.25 Million Penalty For Jetstar After Misleading Kiwi Consumers
Monday, 1 September 2025, 11:34 am | Commerce Commission
“Jetstar’s conduct was serious, widespread and deserving of one of the biggest penalties ever imposed under the Fair Trading Act,” says Vanessa Horne, Commerce Commission General Manager, Competition, Fair Trading and Credit More >>
Commission Files Proceedings Against Westpac For Alleged CCCFA Breaches
Monday, 25 August 2025, 9:26 am | Commerce Commission
The Commission believes Westpac failed to invest in adequate systems and processes to ensure it complied with its CCCFA obligations. More >>
ComCom Recommends Deregulation Of Rural Copper Network
Thursday, 21 August 2025, 10:14 am | Commerce Commission
Telecommunications Commissioner Tristan Gilbertson says that technology has transformed rural connectivity over the past two decades and copper regulation is no longer necessary to promote competition. More >>
Altano New Zealand Withdraws Application To Acquire Matamata Veterinary Services
Wednesday, 20 August 2025, 2:18 pm | Commerce Commission
The Commission had agreed with Altano an extension until 22 August 2025 by which to make a decision. More >>
Kmart Investigated And Warned By ComCom For Greenwashing Advertising
Thursday, 14 August 2025, 8:48 am | Commerce Commission
Commerce Commission Competition, Fair Trading, and Credit General Manager, Vanessa Horne says greenwashing is a real concern as well-intentioned consumers are led to believe products are more environmentally friendly than they actually are. More >>
Statement Of Issues Released For Viridian’s Proposed Acquisition Of Metro Performance Glass
Thursday, 7 August 2025, 6:37 pm | Commerce Commission
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation. More >>
Genesis, Contact, Meridian, And Mercury Seek Authorisation For Strategic Energy Reserve Huntly Firming Option
Wednesday, 6 August 2025, 4:20 pm | Commerce Commission
The Commission invites interested parties to provide comments on the likely benefits and detriments of the proposed arrangements, including any likely competitive effects. More >>
ComCom Report Highlights Geographic Inequities In Groceries
Wednesday, 6 August 2025, 10:12 am | Commerce Commission
Grocery Commissioner Pierre van Heerden says this report shows there is some progress, but many of the issues already identified continue to stifle significant improvement in competition. More >>
Statement Of Preliminary Issues Released For Kegstar Application To Acquire Assets Of Konvoy Kegs
Tuesday, 5 August 2025, 10:51 am | Commerce Commission
The Commission invites interested parties to provide comments on the likely competitive effects of the proposed acquisition. The Commission is currently scheduled to make a decision on the application by 19 September 2025. More >>
Commission Grants Clearance For Mauri To Acquire Farmers Mill
Tuesday, 29 July 2025, 4:11 pm | Commerce Commission
Chair Dr John Small said the Commission was satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market. More >>
Kegstar Seeks Clearance To Acquire Assets Of Konvoy Kegs
Tuesday, 29 July 2025, 11:45 am | Commerce Commission
Kegstar and Konvoy both supply beer kegs to breweries on a rental basis, as well as providing logistics services. More >>
Commission To Issue Statement Of Issues On Viridian’s Proposed Acquisition Of Metro Performance Glass
Friday, 25 July 2025, 8:54 am | Commerce Commission
The Commission has identified potential adverse competitive effects arising from a loss of competition between Viridian and Metro in glass processing, supply and installation markets where they are close competitors. More >>
Debt Collector Convicted And Fined For Misleading Conduct
Tuesday, 22 July 2025, 11:36 am | Commerce Commission
Competition, Fair Trading and Credit General Manager Vanessa Horne says debt collectors have the right to pursue money legitimately owed but must do so fairly and honestly and not exploit their position over vulnerable consumers. More >>
ComCom Finds No Evidence Of Cartel Behaviour In Banks’ Involvement In Net-Zero Banking Alliance
Monday, 21 July 2025, 1:07 pm | Commerce Commission
Commerce Commission General Manager Competition, Fair Trading and Credit Vanessa Horne says the complaint, received last December, alleged the banks were coordinating their agricultural lending policies to align with Net-Zero Banking Alliance strategies ... More >>
Not So Promising? Noel Leeming's 'Price Promise' Leads To Criminal Charges
Monday, 21 July 2025, 8:44 am | Commerce Commission
For over a decade Noel Leeming has prominently promoted their ‘Price Promise,’ which is their commitment to match any competitors’ price. We believe their price promise claim was misleading and in breach of the Fair Trading Act, Deputy Chair ... More >>
ComCom Saves Businesses $90 Million A Year In Payment Costs
Thursday, 17 July 2025, 8:14 am | Commerce Commission
This decision cuts the cost for businesses accepting payments made through credit cards and foreign-issued cards, which are often the most expensive for businesses to accept. More >>
Commerce Commission To File Proceedings Against Foodstuffs North Island And Gilmours, Alleging Cartel Conduct
Tuesday, 15 July 2025, 8:17 am | Commerce Commission
The Commission investigated agreements that FSNI and Gilmours entered into with a national grocery supplier regarding the supply of products to a hospitality customer. More >>
Foodstuffs North Island Warned For Likely Breaking Grocery Competition Law
Wednesday, 2 July 2025, 7:57 am | Commerce Commission
“We believe that Foodstuffs North Island likely breached a fundamental aspect of the Supply Code which is that retailers deal with suppliers in good faith at all times,” Grocery Commissioner Pierre van Heerden says. More >>
